US prosecutors charged Gautam Adani (centre) with participating in a scheme that involved bribing Indian government officials to secure solar energy contracts. - Photo: AFP
NEW YORK: Billionaire Indian industrialist Gautam Adani has been charged with paying hundreds of millions of dollars of bribes and hiding the payments from investors, US prosecutors said on Wednesday (Nov 20).
With a business empire spanning coal, airports, cement and media, the chairman of Adani Group has been rocked in recent years by corporate fraud allegations and a stock crash.
